Regulation 2 Decrease in the universal credit taper
(1)
In regulation 22(1)(b)(i) and (ii) of the Universal Credit Regulations (deduction of income and work allowance) for “63%” substitute “55%”f1.
(2)
In regulation 54A(6) of those Regulationsf2 (surplus earnings) for the formula expressing the nil UC threshold substitute—
“ (M – U) / 55 x 100 + WA”.
Annotations
Footnotes
- f1
-
S.I. 2017/348 substituted “63%” for “65%” .
- f2
-
Regulation 54A was inserted by S.I. 2015/345 and substituted by 2018/65.